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1. (Resource Demand) The Occupational Outlook Handbook (OOH) is a U.S. Department of Labor publication that projects employment trends. Using the search feature available at the OOH Web site at http://www.bls.gov/ oco/, search several occupations. What factors seem to be affecting employment prospects in those fields? What role does derived demand play? How about technological change?

2. A table from the Department of Labor with the real minimum wage in the United States can be found at: http://www.dol.gov/ILAB/media/reports/oiea/wagestudy/ FS-UnitedStates.htm. A better alternative, however, is a continually updated chart with nominal and real minimum wage that can be found at the Employment Policy Institute Web site at: http://www.epionline.org/mw_ statistics_annual.cfm.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91719803

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